Happy New Year! Did you see the jobs report released on Friday? Were you a bit confused by it? Some news stations say the economy is roaring. Others point out that wages aren’t growing and job growth isn’t as gangbuster as we had hoped. People on the …
The Ohio Legislature are lawyers and lobbyists to the LLC loophole. If you recall, during the budget debate in the spring of 2019, the Ohio House voted to limit the LLC loophole to the first $100,000 of income (currently at $250,000) to exempt from all …
The budget (HB 166) contains the 9th irresponsible income tax cut in 14 years and fails to provide solutions to Ohio’s most pressing needs. With college costs climbing, an addiction crisis raging, and persistent poverty plaguing Ohio’s communities, our …
The Ohio Senate believes that lawyers, lobbyists, and consultants making $250,000 a year should pay no state income tax. The Senate changes to income tax rates and the LLC loophole will have a net tax decrease of over $700 million over two years. For $ …
The Ohio House of Representatives passed their budget on Thursday (May 9th) after the Finance Committee approved it the night before. While this budget makes some worthwhile investments into important services it also included yet another income tax cu …
Legislators took an extra weekend to get it done, but Ohio’s new transportation budget is set. As the drama unfolded during the last week of March into the first week of April, the House, Senate and Governor reach an agreement to: Expand the Earned Inc …